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Keke Palmer And SZA To Star In Issa Rae-Produced Buddy Comedy From TriStar Pictures
deadline.com/2024/04/keke-palmer-sza-issa-rae-tristar-pictures-1235896290/
Quick Glance: Keke Palmer and SZA in New Comedy Produced by Issa Rae
- Issa Rae is producing a new comedy starring Keke Palmer and Grammy winner SZA.
- The project will be led by TriStar Pictures and directed by Lawrence Lamont.
- Keke Palmer will serve as an executive producer, while SZA will make her acting debut.
- Rae criticized the cancellation of diverse series and expressed concerns about the Hollywood industry.
UBS Weighs Synthetic Risk Transfer Amid Capital Boost Proposals: UBS Group AG is considering bringing a synthetic credit risk transfer to the market ...
bloomberg.com/news/articles/2024-04-26/ubs-weighs-synthetic-risk-transfer-amid-capital-boost-proposals
US to rush Patriot missiles to Ukraine as Pentagon builds up support: Move comes as Biden administration begins parcelling out funds unlocked by Congress this ...
ft.com/content/bfd54fd8-de16-4a5a-97e7-14c701e9520f
US regulators seize troubled lender Republic First Bancorp: U.S. regulators have seized Republic First Bancorp and agreed to sell it to another lender ...
reuters.com/business/finance/us-regulators-set-seize-republic-first-bancorp-wsj-reports-2024-04-26/
Porsche Profit Slumps 30% on Model Renewals, China Downturn: Porsche AG’s profit plummeted during the first quarter for the weakest result since listing in ...
bloomberg.com/news/articles/2024-04-26/porsche-profit-slumps-30-on-model-renewals-china-downturn
Warren Buffett’s real estate brokerage to pay $250mn over commission lawsuits: Settlement resolves second of Berkshire Hathaway’s three big legal entanglements ...
ft.com/content/86da53d4-0a7b-4e24-9946-124bc7014d96
Quick Glance: Billion Dollar Settlement in Real Estate Commission Lawsuits
- HomeServices of America, owned by Warren E. Buffett’s Berkshire Hathaway Energy, will resolve the claims of home sellers who had to pay inflated commissions, subject to court approval.
- With the agreement from HomeServices of America, the damages now exceed the billion-dollar mark.
- Analysts predict that the settlement will introduce competition to the real estate commission market, leading to a reduction in fees paid by consumers when selling a home.
- The total amount of damages in commission lawsuits in the USA now surpasses the billion-dollar mark following today's settlement deal.
McDonald's Korea to raise prices of 16 items next month : McDonald's Korea said Thursday it will raise the prices of 16 menu items by an average of 2 ...
koreatimes.co.kr/www/tech/2024/04/129_373519.html
Formula 1 | Decision made? Sauber apparently throws Bottas and Zhou out: The Formula 1 driver market is slowly gaining momentum. The rumor mill is getting hotter ...
sport.de/news/ne6598805/formel-1--entscheidung-gefallen-sauber-schmeisst-offenbar-bottas-und-zhou-raus/
Fast-fashion giant Shein is the latest to face EU's strictest digital regulations
qz.com/shein-to-face-stricter-eu-regulations-meta-tik-tok-amaz-1851439129
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Wall Street sees Google stock rallying to $200 because maybe Google can win AI after all
qz.com/google-stock-rally-ai-search-wall-street-analysts-1851438633
NatWest (NWG) Beats Estimates on Signs of Growing Customer Confidence: NatWest Group Plc beat earnings estimates in the first quarter as lending and deposits ...
bloomberg.com/news/articles/2024-04-26/natwest-beats-estimates-on-signs-of-growing-customer-confidence
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Starbucks and US workers' union meet for contract negotiations: Starbucks held contract negotiations with the Workers United union over a two-day session in ...
reuters.com/business/retail-consumer/starbucks-us-workers-union-meet-contract-negotiations-2024-04-26/
China Offers Drivers Up to $1,380 to Trade in Their Old Cars: China will give a one-time subsidy of as much as 10,000 yuan ($1,380) to consumers who trade in ...
bloomberg.com/news/articles/2024-04-26/china-offers-drivers-up-to-1-380-to-trade-in-their-old-cars
Takeaways from Day 8 of the Donald Trump hush money trial: Jurors will now have a three-day weekend to think about what they heard during the first full week of ...
cnn.com/2024/04/26/politics/takeaways-trump-hush-money-trial-friday-day-8/
Microsoft and Alphabet enjoy AI-powered gains from cloud divisions: Combined market value of the two tech giants rose by more than $250bn after revenue growth ...
ft.com/content/f01c6852-8aa6-4cc0-991d-38f15077ba92
Mexico's Pemex reverses proposed crude export cuts for May, sources say: Mexican state oil company Pemex is reversing crude exports cuts of at least 330 ...
reuters.com/business/energy/mexicos-pemex-reverses-proposed-crude-export-cuts-may-sources-say-2024-04-26/
Quick Glance: Pemex Reduces Debt, Increases Refining Output
- Mexican state energy company Pemex reported a decrease in its financial debt to $101.5 billion at the end of the first quarter.
- Despite a decline in production, Pemex saw an increase in processing at its six national refineries during the first quarter.
- Pemex reported a net profit of 4.7 billion pesos, down 91.7% from the previous year, amid lower sales and higher costs.
- Pemex's revenues amounted to 405.9 billion pesos, mainly impacted by a drop in crude prices.
Earnings for Big Oil backpaddle as natgas prices tumble: U.S. and European oil companies reported weaker first quarter results on Friday due to a sharp drop in ...
reuters.com/markets/commodities/earnings-big-oil-backpaddle-natgas-prices-tumble-2024-04-26/
Nico Hülkenberg moves to Audi: That's behind the Formula 1 deal: “Unique opportunity” for Nico Hülkenberg, “next milestone” for Audi: The German automobile ...
rtl.de/cms/nico-huelkenberg-wechselt-zu-audi-das-steckt-hinter-dem-formel-1-deal-5085357.html
BNP Paribas Is Said to Plan 50 Job Cuts Across Its UK Unit: BNP Paribas SA is planning to cut as many as 50 roles across its unit in the UK as Chief Executive ...
bloomberg.com/news/articles/2024-04-26/bnp-paribas-is-said-to-plan-50-job-cuts-across-its-uk-unit
US FDA approves Pfizer's gene therapy for rare bleeding disorder
reut.rs/3UAkIsM
Quick Glance: FDA approves Pfizer’s gene therapy for hemophilia B
- The FDA has approved Pfizer's first gene therapy drug for a rare inherited bleeding disorder.
- Beqvez, a unique gene therapy drug by Pfizer, has been approved for adults with moderate to severe hemophilia B.
- The drug enables patients to produce Factor IX themselves to prevent and control bleeding.
- Pfizer is competing with a similar treatment from CSL Behring and planning more gene therapies for various genetic disorders.
Ex-McKinsey partner sues firm, claims he was made opioids 'scapegoat': A former McKinsey & Co partner sued the global consulting firm on Friday and accused it of ...
reuters.com/business/healthcare-pharmaceuticals/ex-mckinsey-partner-sues-firm-claims-he-was-made-opioids-scapegoat-2024-04-26/
Quick Glance: Investigation against McKinsey in the US over involvement in the opioid industry
- A grand jury was established to examine evidence related to consulting for pharmaceutical companies involved in the addiction epidemic.
- McKinsey is under a criminal investigation in the US for its involvement with opioid manufacturers.
- Furthermore, federal prosecutors are looking into whether the company impeded justice through its actions as concerns about its work grew.
- According to a source, the US Department of Justice has been scrutinizing McKinsey's activities for several years, with a grand jury now set up in Virginia to review evidence.
UBS Says Investors Fear Labour Could Hit UK Banks’ BOE Deposits: Investors are starting to worry that a future Labour government could seek to raise money for ...
bloomberg.com/news/articles/2024-04-26/ubs-says-investors-fear-labour-could-hit-uk-banks-boe-deposits
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Sequoia commits to backing Elon Musk’s xAI start-up: Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivals
ft.com/content/fc8355e6-3219-4681-a4da-73feca50cd8a
Quick Glance: Sequoia backs Elon Musk’s xAI venture
- Sequoia Capital, a well-known venture capital firm in Silicon Valley, has committed to supporting Elon Musk's artificial intelligence start-up xAI to help him raise billions and compete with OpenAI, Meta, and Google.
- The exact amount of Sequoia's investment in xAI remains undisclosed.
- Sequoia, an early investor in Google, YouTube, and Apple, has backed several Musk projects in recent years, including The Boring Company and SpaceX.
Porsche AG posts Q1 profit drop on ramp-up costs: Porsche on Friday reported a 30% drop in first-quarter operating profit, citing higher investments in what the ...
reuters.com/business/autos-transportation/porsche-ag-posts-q1-profit-drop-ramp-up-costs-2024-04-26/
Drugmaker AbbVie expects Humira volume erosion to worsen: AbbVie expects a drop in sales volumes of its blockbuster arthritis drug Humira to deepen after recent ...
reuters.com/business/healthcare-pharmaceuticals/abbvie-raises-annual-profit-forecast-strong-skyrizi-sales-2024-04-26/
The last of the ballot blocks - farm sale reflects tough few years: One of the last rehab soldier farms in Wairarapa has been sold for forestry ...
rnz.co.nz/national/programmes/countrylife/audio/2018935888/the-last-of-the-ballot-blocks-farm-sale-reflects-tough-few-years
Russia Oil Refining Curbed as Maintenance Follows Drone Strikes: Russia’s oil-processing rates remain under pressure as refineries, which have barely recovered ...
bloomberg.com/news/articles/2024-04-26/russia-oil-refining-curbed-as-maintenance-follows-drone-strikes
Mega price targets for Amazon: Should investors take action before the stock goes steep?
boerse-online.de/nachrichten/aktien/mega-kursziele-fuer-amazon-sollten-anleger-zuschlagen-bevor-die-aktie-steil-geht-20356192.html
U.S. Treasury refunding set to offer relief from supply rises: The U.S. Treasury Department is expected to offer markets some relief next week when it details ...
reuters.com/markets/us/us-treasury-refunding-set-offer-relief-supply-rises-2024-04-26/
Sam Altman, Jensen Huang, and the 20 other leaders on the new AI safety board: The AI board will advise the Department of Homeland Security on safely and ...
qz.com/sam-altman-jensen-huang-ai-safety-board-biden-security-1851438417
No, a Shadowy Figure Is Not Buying Tents for Columbia Student Protesters: Conspiracies about outside forces funding and orchestrating the university protests at ...
wired.com/story/conspiracy-tents-student-protests-gaza/
Elon Musk Thinks You Should Be Able to Watch a Stabbing Video on X: X removes video of a bishop being stabbed in Australia, but pushes back on requests to block ...
pcmag.com/news/elon-musk-thinks-you-should-be-able-to-watch-a-stabbing-video-on-x
Secrets, lies and payoffs laid bare in week 1 of Trump trial testimony: The Trump trial in New York: Witness David Pecker faces cross-examination
washingtonpost.com/politics/2024/04/26/trump-trial-david-pecker-testimony-hush-money/
Quick Glance: Trump Trials Insights: The Payment to Playboy
- During the seventh day of Donald Trump's criminal trial in Manhattan, the defendant's relationship with the National Enquirer was explored further.
- Pecker was granted protection from state prosecutors in 2019.
- Pecker was aware that the payment to the Playboy model violated election laws.
- Trump and Pecker's relationship extends prior to the election.
How ruthless is Amazon, really? : It is too simplistic to portray business as a battle of might versus right
economist.com/culture/2024/04/25/how-ruthless-is-amazon-really
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Boeing, GKN Aerospace close deal for St. Louis site: Boeing said on Friday that it has closed a deal with aero supplier GKN Aerospace and its parent company ...
reuters.com/business/aerospace-defense/boeing-gkn-aerospace-close-deal-st-louis-site-2024-04-26/
Galeria closes 16 of its 92 department stores: Of the approximately 12,800 people the company employs, 11,400 are expected to keep their jobs ...
faz.net/aktuell/wirtschaft/unternehmen/galeria-schliesst-16-seiner-92-warenhaeuser-19682121.html
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
ft.com/content/7a7ba474-7068-46fc-89da-19d87e83f9d3
Quick Glance: South Korea Warns of Collapse of US Subsidies Due to Chinese EV Supply Chain Dominance
- China’s grip on the EV supply chain threatens US subsidies, warns South Korea.
- South Korea warns that China’s control over a crucial battery material will make it nearly impossible for any electric vehicle makers to qualify for President Joe Biden's subsidy scheme.
- The United States announced last week that they will provide up to $6.4 billion in federal subsidies to the South Korean technology giant Samsung Electronics, investing $40 billion in its Texas facilities for cutting-edge logic chips, advanced packaging, and next-generation chip technology research and development.
Phillips 66 misses first-quarter profit estimates on weaker margins: Phillips 66 missed quarterly profit estimates due to a decline in refining margins led by ...
reuters.com/markets/commodities/phillips-66-misses-first-quarter-profit-estimates-2024-04-26/
Chipotle stock price just hit an all-time high, even as other chains struggle to stay afloat
fastcompany.com/91113415/chipotle-stock-price-today-high-split-date
Nomura Profit Jumps on Fixed-Income Trading, Retail Boom: Nomura Holdings Inc.’s earnings climbed as soaring fixed-income trading and resurgent markets in Japan ...
bloomberg.com/news/articles/2024-04-26/nomura-rebounds-with-first-annual-profit-growth-under-ceo-okuda
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Engie to divest from Morocco's Safi coal plant before 2027: French energy firm Engie plans to sell its stake in Morocco's largest coal plant in Safi (SAFIEC) ...
reuters.com/business/energy/engie-divest-moroccos-safi-coal-plant-before-2027-2024-04-26/
LVMH-Backed L Catterton Agrees to Buy Majority Stake in Kiko: Private equity fund L Catterton, which is backed by luxury giant LVMH Moet Hennessy Louis Vuitton ...
trib.al/3253Jnc
HSBC’s Private Bank Shuts IAM Business in HK, Singapore: HSBC Holdings Plc’s private bank has discontinued its independent asset management business in Hong Kong ...
bloomberg.com/news/articles/2024-04-26/hsbc-s-private-bank-shuts-iam-business-in-hk-singapore
‘Knuckles’ Review – The Red Echidna’s Paramount+ Spin-Off is Wholesome Family Fun
discussingfilm.net/2024/04/22/knuckles-review-the-red-echidnas-paramount-plus-spin-off-is-wholesome-family-fun/
Spain's Bankinter takes on Irish banks with deposit move: Bankinter said on Friday it was applying for a full Irish banking licence and entering the deposit ...
reuters.com/business/finance/spains-bankinter-takes-irish-banks-with-deposit-move-2024-04-26/
TotalEnergies looking at primary listing in New York, says CEO: French oil major TotalEnergies is "seriously" looking at a possible listing in New York ...
reuters.com/markets/commodities/totalenergies-considers-listing-new-york-says-ceo-2024-04-26/
Former Moody's top lawyer pleads guilty in tax case: A former longtime general counsel to Moody's has pleaded guilty to willfully failing to file federal income ...
reuters.com/legal/government/former-moodys-top-lawyer-pleads-guilty-tax-case-2024-04-26/
Hertz Global eyes worst day on record as EV rental business falters: Shares of Hertz Global slumped 24% and were on track for their sharpest one-day percentage ...
reuters.com/business/autos-transportation/hertz-global-eyes-worst-day-record-ev-rental-business-falters-2024-04-25/
Treasures From the Titanic Are Up for Auction, Exciting Collectors: Numerous artifacts from the Titanic, including a violin case, are up for auction this weekend ...
nytimes.com/2024/04/26/world/europe/titanic-auction-memorabilia.html
Honda to set up $11 bln electric vehicle, battery plants in Canada: Honda Motor plans to invest C$15 billion ($11 billion) in new EV and battery production ...
reuters.com/business/autos-transportation/honda-set-up-11-bln-ev-production-base-canada-2024-04-25/
Quick Glance: Honda to Establish $11 Bln EV, Battery Plants in Canada
- Honda plans to invest C$15 billion in new EV and battery production plants in Ontario alongside existing facilities to support the growth of North American demand for EVs.
- Production is set to start by 2028, with an annual capacity of up to 240,000 EVs and 36 gigawatt-hours for batteries to achieve the goal of having all North American sales from Honda be either EVs or fuel cell vehicles by 2040.
- The Canadian government and Ontario province intend to support Honda with around C$5 billion, with Honda contributing 60%-70% of the total investment to reduce costs by more than 20%.
- Honda will also collaborate with companies like Asahi Kasei and POSCO to further lower production costs and strengthen the EV supply chain in Canada, leading to an increase in jobs and economic growth.
TotalEnergies chief calls potential EU sanctions on Russian LNG a financial boon: Sanctions on Russian gas from the Yamal LNG project would cause prices to spike ...
reuters.com/business/energy/totalenergies-chief-calls-potential-eu-sanctions-russian-lng-financial-boon-2024-04-26/
Renault talks to China's Li Auto and Xiaomi on tech collaboration: Renault held talks this week with China's Li Auto and Xiaomi on electric and intelligent ...
reuters.com/business/autos-transportation/renault-talks-chinas-li-auto-xiaomi-tech-collaboration-2024-04-26/
Billionaire Pinault CEO Laments Kering Slide as Fortune Dwindles: The billionaire Pinault heir at the helm of Gucci owner Kering SA is unhappy about the fashion ...
bloomberg.com/news/articles/2024-04-25/kering-ceo-pinault-unhappy-with-gucci-owner-s-performance
Quick Glance: Time for Kering’s King to Consider a Step Back
- Francois-Henri Pinault, Chairman and CEO of Kering, should consider bringing in fresh blood and possibly appointing a new CEO.
- In any sector other than luxury, shareholders might have already stepped in to suggest a change at the helm, but at Kering, founding families tightly control the company.
- The board of Kering should apply pressure on the chairman to at least give up the CEO role.
- Pinault should step back into the chairman's job and leave a new Kering chief the independence they will need.
Walmart's longest-serving director Rob Walton to retire from board: Walmart said on Thursday that Rob Walton, the longest serving member on its board and eldest ...
reuters.com/business/retail-consumer/walmart-ex-chairman-rob-walton-retire-board-2024-04-25/
Grand Opening of the IPN Central History Hub Honoring Lech Kaczyński: Discover Poland's history at the IPN Central History Hub, featuring immersive experiences ...
polanddaily24.com/grand-opening-of-the-ipn-central-history-hub-honoring-lech-kaczynski/news/40805
India's Bajaj Finance falls on profit growth concerns: Shares of Bajaj Finance fell the most in 16 months on Friday after the Indian non-bank lender forecast ...
reuters.com/business/finance/indias-bajaj-finance-falls-profit-growth-concerns-2024-04-26/
Hertz is ditching even more electric cars: The rental car company has been selling off EVs in droves after saying it would order 100,000 Teslas in 2021
qz.com/hertz-ev-sales-tesla-rental-cars-1851438100
Electrolux Q1 loss nearly triples on weak demand but beats expectations: Electrolux's operating loss nearly tripled in the first quarter on weak demand and poor ...
reuters.com/business/retail-consumer/electrolux-q1-loss-nearly-triples-weak-demand-beats-expectations-2024-04-26/
Microsoft beats quarterly revenue estimates: Microsoft beat Wall Street estimates for third-quarter revenue on Thursday, driven by gains from AI adoption across ...
reuters.com/technology/microsoft-beats-quarterly-revenue-estimates-2024-04-25/
King Charles' funeral plans reportedly being updated regularly after cancer diagnosis: 'He is really very unwell'
nypost.com/2024/04/25/world-news/king-charles-funeral-plans-updated-amid-cancer-battle-report/
Capital One's first-quarter profit jumps on interest income boost: Capital One Financial's first-quarter profit rose 35% as customers paid more on the company's ...
reuters.com/business/finance/capital-ones-first-quarter-profit-jumps-interest-income-boost-2024-04-25/
Jefferies' CEO sold millions in stock to buy himself a yacht: Rich Handler said the purchase was gift for himself and his family
qz.com/jefferies-ceo-rich-handler-stock-sale-yacht-purchase-1851435140
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How Kmart reinvented itself in Australia via private label: And became one of the region's largest retailers.
axios.com/pro/retail-deals/2024/04/26/kmart-australia-reinvention-turnaround-retail-discount-department-stores
Bayer investor Deka takes a stand against CEO in annual vote: Bayer shareholder Deka Investment said on Friday it would not join other large investors in ...
reuters.com/business/healthcare-pharmaceuticals/bayer-investor-deka-takes-stand-against-ceo-annual-vote-2024-04-26/
Quick Glance: Successful Vote of Confidence for Bayer CEO
- Bayer CEO Bill Anderson emerges victorious in a vote of confidence at his first annual general meeting despite a challenge from Deka Investment.
- Investors representing 91.69% of equity capital voted in favor of Anderson and his top management team.
- The voting process at German annual general meetings is symbolic and serves as a reflection of investor sentiment.
- Anderson defends the decision to suspend the company's breakup and pledges to focus on drug development and legal matters.
Exxon and gas markets tell different stories: Exxon Mobil boss Darren Woods made a bold statement on Friday. Fossil fuels, he argues, are not in decline ...
reut.rs/3Wk3Ibw
Boeing now has a ‘negative’ outlook from both Moody’s and S&P Global: S&P sees greater uncertainty regarding Boeing's ability to achieve its estimates ...
qz.com/boeing-credit-ratings-outlook-negative-moodys-sp-1851435363
Quick Glance: Boeing faces revenue decline after 7 quarters with decreasing deliveries
- Boeing experienced a revenue decline in the last quarter, marking the first time in seven quarters as aircraft deliveries decrease.
- The quarterly revenue amounted to $16.57 billion, surpassing the expectations of $16.23 billion.
- Boeing aims to deliver a significant portion of its inventory of 737s and 787s by the end of the year to generate much-needed capital.
- Operating margins at Boeing's defense business improved to 2.2% in the quarter, compared to a negative value of 3.2% a year ago.
Swiss National Bank sceptical on holding bitcoin in its currency reserves: The Swiss National Bank remains sceptical about buying bitcoins, Chairman Thomas ...
reuters.com/business/finance/swiss-national-bank-sceptical-bitcoin-its-currency-reserves-2024-04-26/
Chipotle tells employees not to eat chicken on the job: The fast food chain told employees to choose another protein option for their meals to preserve supply
qz.com/chipotle-earnings-stock-chicken-supply-consumer-demand-1851435334
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Quick Glance: Chipotle lifts annual sales forecast despite uncertainties
- Chipotle raised its full-year sales forecast due to resilient demand for burritos and rice bowls despite higher menu prices.
- The company anticipates mid-to-high-single digit percentage growth in comparable restaurant sales for 2024.
- Chipotle implemented price hikes to protect its profit margin from increased ingredient costs like beef and avocados.
- Chipotle's adjusted profit in the first quarter came in at $13.37 per share, surpassing estimates of $11.68.
Foreign states targeting sensitive research at UK universities, MI5 warns: Ministers considering more funding to protect important research sites ...
theguardian.com/technology/2024/apr/26/foreign-states-targeting-sensitive-research-at-uk-universities-mi5-warns
Liability, partial and fully comprehensive insurance: prices for car insurance are increasing significantly
n-tv.de/ratgeber/Preise-fuer-KFZ-Versicherung-ziehen-deutlich-an-article24900961.html
South Korea's public finances no longer a credit rating 'strength', Fitch says: South Korea's public finances are no longer a strength for its sovereign credit ...
reuters.com/markets/asia/south-koreas-public-finances-no-longer-credit-rating-strength-fitch-says-2024-04-26/
Woman sacked with two days notice after working at Clarks for 68 years: Jill Cornick began working at the Clarks store in Blandford, Dorset, in 1956 ...
metro.co.uk/2024/04/25/clarks-employee-who-worked-at-same-shop-for-68-years-sacked-with-two-days-notice-20720874/
Tokyo Inflation Slows Sharply on Education Subsidy Impact Before BOJ Meeting: Price growth in Tokyo decelerated sharply to a pace below 2% in April ...
bloomberg.com/news/articles/2024-04-25/tokyo-inflation-slows-sharply-on-education-subsidy-impact
Trump trial live updates: Trump assistant recalls seeing Stormy Daniels in Trump Tower
abcnews.go.com/US/live-updates/trump-hush-money-trial/farro-says-cohen-became-his-banking-client-in-2015-109703719
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